Crocs (NASDAQ:CROX) Price Target Raised to $130.00

Crocs (NASDAQ:CROXGet Free Report) had its target price raised by investment analysts at Monness Crespi & Hardt from $100.00 to $130.00 in a note issued to investors on Friday. The firm presently has a “buy” rating on the textile maker’s stock. Monness Crespi & Hardt’s price target suggests a potential upside of 32.03% from the company’s current price.

Other equities analysts have also issued research reports about the stock. UBS Group reiterated a “neutral” rating on shares of Crocs in a report on Tuesday, February 3rd. Weiss Ratings upgraded Crocs from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday. KeyCorp reissued a “sector weight” rating on shares of Crocs in a research report on Thursday, January 22nd. Zacks Research lowered Crocs from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Barclays lifted their price objective on Crocs from $81.00 to $86.00 and gave the company an “equal weight” rating in a research note on Friday, October 31st. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $102.91.

Read Our Latest Analysis on Crocs

Crocs Trading Up 19.0%

NASDAQ CROX opened at $98.46 on Friday. Crocs has a 12 month low of $73.21 and a 12 month high of $122.84. The company has a 50-day moving average of $86.67 and a 200-day moving average of $84.76. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.40 and a quick ratio of 0.83. The company has a market cap of $5.11 billion, a P/E ratio of 32.07 and a beta of 1.56.

Crocs (NASDAQ:CROXGet Free Report) last released its earnings results on Thursday, February 12th. The textile maker reported $2.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.92 by $0.37. Crocs had a net margin of 4.48% and a return on equity of 43.14%. The business had revenue of $957.64 million for the quarter, compared to analysts’ expectations of $916.16 million. During the same period last year, the company earned $2.52 earnings per share. The company’s quarterly revenue was down 3.3% on a year-over-year basis. Crocs has set its FY 2026 guidance at 12.880-13.350 EPS and its Q1 2026 guidance at 2.670-2.770 EPS. As a group, equities analysts predict that Crocs will post 13.2 earnings per share for the current year.

Institutional Investors Weigh In On Crocs

Several institutional investors and hedge funds have recently modified their holdings of the stock. Torren Management LLC acquired a new stake in shares of Crocs in the fourth quarter valued at about $39,000. Parallel Advisors LLC boosted its holdings in Crocs by 60.2% in the 3rd quarter. Parallel Advisors LLC now owns 495 shares of the textile maker’s stock worth $41,000 after acquiring an additional 186 shares during the period. Allworth Financial LP grew its position in Crocs by 120.7% in the second quarter. Allworth Financial LP now owns 448 shares of the textile maker’s stock valued at $45,000 after acquiring an additional 245 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Crocs during the third quarter valued at approximately $48,000. Finally, Employees Retirement System of Texas acquired a new position in shares of Crocs during the second quarter worth $49,000. Hedge funds and other institutional investors own 93.44% of the company’s stock.

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About Crocs

(Get Free Report)

Crocs, Inc is a global footwear designer, developer and distributor best known for its lightweight, proprietary Croslite™ foam-clog construction. The company’s product portfolio encompasses a range of styles, including clogs, sandals, slides, boots and sneakers, all featuring the slip-resistant, odor-resistant and cushion-providing qualities of the Croslite material. Crocs distributes its products through an omnichannel network that includes e-commerce platforms, company-owned retail stores, authorized dealers and wholesale partners.

Founded in 2002 by Scott Seamans, Lyndon “Duke” Hanson and George Boedecker Jr., Crocs launched its first clog on the island of Vail, Colorado.

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